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Russia's Total Gas Output Rises 3.4% to 446.5 bcm in January-August

Natural gas production over the eight-month period totaled 379 billion cubic meters, up 3.8% year-on-year, according to Russia's statistics service.

· 1 min read · language: en

Russia's total gas output rose 3.4% to 446.5 billion cubic meters (bcm) in the January-August period, according to figures released by the country's statistics service and reported by TASS.

Natural gas production specifically over the same eight-month period totaled 379 bcm, marking a 3.8% increase compared to the same period a year earlier.

Growth in Output

The figures point to continued growth in Russia's gas sector output during the first eight months of the year, though the statistics as reported do not break down the specific factors driving the increase, such as changes in export markets, domestic demand or production capacity.

Gas production remains a significant component of the Russian economy, and shifts in output figures are closely watched both domestically and internationally given Russia's role as a major global energy producer.

Further details on how these production figures compare to the country's broader energy targets for the year were not included in the statistics service's reported figures.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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